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20121205
20121213
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KGO (ABC) 3
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ABC
Dec 12, 2012 4:00pm PST
for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer including $1.2 trillion in new revenue. yesterday, boehner sent a counter proposal back but looked almost exactly like their original plan. $800 in new revenue continues to be the sticking point. tax rates on the top earners. republicans insist the white house gives them specifics on the cuts the president is willing to make. yesterday spokesman brought out a copy of the budget, evidence they've done that alre
ABC
Dec 10, 2012 4:00pm PST
on the plan on the web site through december 18th. >> there is some signs today prof gres in the fiscal cliff negotiations. the president still says he won't compromise on demands that the wealthyest americans pay more in tax autos he's not criticizing republicans, either. that is a possible indication that private tuck talk was republican leaders are going along okay. >> move on.org is hosting rallies and pushing for an end to those cuts. abc 7 news is at one of them right now. >> this rally supposed to begin at 4:00 this afternoon. they're slow getting started. there is a couple dozen people here this, he say they're expecting about 400 by later tonight. there were rallies like this around the bay area today in walnut creek and into oakland. outside of the social security administration office a crowd of 50 listened to speakers calling on congress to quote do the right thing. >> tax the super rich. protect the middle class. >> they added don't do anything to cut social security or#'6qp medicare or medicaid. >> i tell you, i'm going back to washington, d.c. tomorrow to continue to fight for
ABC
Dec 4, 2012 4:00pm PST
. >>> we begin this half hour with latest on efforts to avoid the fiscal cliff. the plan being put forward is now coming under fire from within his own party. president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> th
Search Results 0 to 2 of about 3